Securities Lawyer 101 l Brenda Hamilton

Securities Lawyer 101 l Brenda Hamilton

Thursday, February 28, 2013

Permissible Uses of Form S-8 - Securities Lawyer 101 - Go Public Blog

China-Based Company to Pay Penalties for Violations

/Brenda Hamilton securitieslawyer101.com Hamilton & Assocaites, FL. The Securities and Exchange Commission today charged a China-based petrochemical company and its former chief financial officer with accounting and disclosure violations, and they agreed to pay more than $1 million combined to settle the charges.

http://www.onlywire.com/r/119343501

Wednesday, February 27, 2013

SEC to Hold Fixed Income Roundtable

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today announced that it will hold a roundtable on April 16 to discuss potential ways to improve the transparency and efficiency of fixed income markets.

http://www.onlywire.com/r/119272702

Tuesday, February 26, 2013

CT. Hedge Fund Managers Charged with Fraud

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today charged a pair of hedge fund managers and their Connecticut-based advisory firm New Stream Capital with lying to investors about their fund’s structure and financial condition before it failed during the financial crisis.

http://www.onlywire.com/r/119201910

Monday, February 25, 2013

Former Mercury Interactive CEO & CFO Settle Suit

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today settled civil fraud charges against Amnon Landan, the former Chairman and Chief Executive Officer of Mercury Interactive, LLC (Mercury), and Douglas Smith, a former Chief Financial Officer of Mercury, arising from an alleged scheme to backdate stock option grants and from other alleged misconduct.

http://www.onlywire.com/r/119134221

Sunday, February 24, 2013

Broker Dealer Registration 101

The OTCBB – the Obsolete Marketplace

Rule 10b-5

The SEC’s FAQ – Broker-Dealer Registration in Title II of the JOBS Act

On February 5, 2013, the SEC’s Division of Trading and recently provided guidance on the exemption from broker-dealer registration in Title II of the Jumpstart Our Business Startups Act (“JOBS Act”). The SEC’s FAQs are not rules, regulations or statements

http://www.securitieslawyer101.com/the-secs-faq-broker-dealer-registration-in-title-ii-of-the-jobs-act/

Going Public on the OTC Markets OTCQB

The SEC’s FAQ - Broker-Dealer Registration in Title II of the JOBS Act

The Rule 147 Intrastate Exemption

SEC Approves FINRA Rule 5123

FINRA Adopts Rule 5123 Requiring the Filing of Private Placement Offering Documents

SEC Proposes New Rules Regarding General Solicitation and Advertising

SEC Approves FINRA Rule 5123

Friday, February 22, 2013

Virgin Islands Investment Adviser Charged With Fraud

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today charged an investment adviser located in the U.S. Virgin Islands with defrauding clients from whom he withheld the fact that he was receiving kickbacks for investing their money in thinly-traded companies.

http://www.onlywire.com/r/118986466

Thursday, February 21, 2013

FINRA Dismisses 2 Causes of Action Against Charles Schwab & Company

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. Panel Orders Schwab to Pay $500,000 Fine and Correct Language in Account-Opening Documents...

http://www.onlywire.com/r/118926170

Wednesday, February 20, 2013

District Court Enters Judgment against Douglas Vaughan

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission (Commission) announced today that on February 14, 2013, the U.S. District Court for the District of New Mexico entered a consent judgment against Douglas F. Vaughan (Vaughan), a Ponzi schemer who was convicted of fraud in a related criminal case.

http://www.onlywire.com/r/118856397

Tuesday, February 19, 2013

FINRA Fines 5 ING Firms $1.2 Million

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Financial Industry Regulatory Authority (FINRA) announced today that it has fined five affiliates of ING $1.2 million for failing to retain or review millions of emails for periods ranging from two months to more than six years.

http://www.onlywire.com/r/118791202

Monday, February 18, 2013

SEC Charges NY Brokerage Firm with Fraud

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today announced fraud charges against a New York-based brokerage firm and two brokers who allegedly used misleading sales tactics to steer investors toward risky investments in a purported clean energy company so the firm could earn lucrative commissions.

http://www.sec.gov/news/press/2013/2013-23.htm

SEC Lawyer l Proxy Rules l Schedule 14A l Schedule 14C

SEC Lawyer l Proxy Rules l Schedule 14A l Schedule 14C

Sunday, February 17, 2013

The OTC Markets “Face to Face” Legal opinion Requirement

The OTC Markets Group operates an electronic inter-dealer quotation system for broker-dealers to trade securities not listed on a national securities exchange such as NASDQ, NYSE or AMEX. The OTC Markets Group categorizes issuers into tiers depending upon the amount

http://www.securitieslawyer101.com/the-otc-markets-face-to-face-legal-opinion-requirement/

The OTC Markets "Face to Face" Legal opinion Requirement

Solicitations & the Proxy Rules

OTC Markets Marketplace Rules

OTC Markets Issuer Reporting Standards

OTC Markets Current or Limited Information Tiers

Friday, February 15, 2013

SEC Freezes Assets in Swiss-Based Account

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today obtained an emergency court order to freeze assets in a Zurich, Switzerland-based trading account that was used to reap more than $1.7 million from trading in advance of yesterday’s public announcement about the acquisition of H.J. Heinz Company.

http://www.sec.gov/news/press/2013/2013-24.htm

Thursday, February 14, 2013

FINRA Issues New Investor Alert

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Duration—What an Interest Rate Hike Could Do to Your Bond Portfolio.

http://www.onlywire.com/r/118508630

Wednesday, February 13, 2013

SEC Approves 2013 PCAOB Budget

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today unanimously approved the 2013 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee as required by the Sarbanes-Oxley Act of 2002.

http://www.onlywire.com/r/118439808

Tuesday, February 12, 2013

SEC Admin Proceeding: Gregory Goldstein

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. Gregory Evan Goldstein, an associated person, officer, and control person of Marquis Financial Services, Inc., a FINRA member firm, appeals from a FINRA disciplinary action. On January 4, 2013, in an expedited proceeding, FINRA found that Goldstein failed to respond to certain requests by FINRA at an on-the-record interview and a request to produce documents and information made pursuant to FINRA Rule 8210.1 FINRA ordered Goldstein to reply to all outstanding Rule 8210 information requests within twenty-one days of the date of the decision.

http://www.onlywire.com/r/118368211

Monday, February 11, 2013

SEC Admin Proceeding: China Voice Holding

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission (Commission) instituted this proceeding with an Order Instituting Administrative Proceedings (OIP) on October 24, 2012, pursuant to Section 12(j) of the Securities Exchange Act of 1934 (Exchange Act).

http://www.onlywire.com/r/118303610

Friday, February 8, 2013

SEC Halts $150MM Investment Scheme

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today announced charges and an asset freeze against an individual living in Illinois and two companies behind an investment scheme defrauding foreign investors seeking profitable returns and a legal path to U.S. residency through a federal visa program.

http://www.sec.gov/news/press/2013/2013-20.htm

Wednesday, February 6, 2013

SEC Trading Suspensions Update

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EST on February 6, 2013 and terminating at 11:59 p.m. EST on February 20, 2013

http://www.onlywire.com/r/118016748

Tuesday, February 5, 2013

Couple Charged with Defrauding Seniors

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. The Securities and Exchange Commission today charged a husband and wife who raised millions of dollars selling investments for a purported charitable organization in Tallahassee, Fla., while defrauding senior citizens and significantly exaggerating the amount of contributions actually made to charity.

http://www.onlywire.com/r/117951871

Friday, February 1, 2013

$1.12 Million in Grants to Public Libraries

/Brenda Hamilton securitieslawyer101.com Hamilton & Associates, FL. FINRA Investor Education Foundation and the ALA have announced $1.12 million in grants to 14 recipients as part of the Smart investing@your library® initiative.

http://www.onlywire.com/r/117733449